One Vanderbilt Reaches Construction Milestones

Designed by Kohn Pedersen Fox Associates, the tower will encompass an entire city block, bounded by Madison and Vanderbilt avenues to the west and east, and East 43rd and East 42nd streets to the north and south.

The 1,401-foot One Vanderbilt Ave. Midtown Manhattan Tower has made several construction milestones, including progress towards vertical construction. AECOM Tishman, construction manager for the tower, has executed a Guaranteed Maximum Price contract, which includes the procurement of more than 25,000 tons of domestically-fabricated structural steel from Banker Steel Co. Tishman also secured a new building permit from the New York City Department of Buildings.

Vertical construction for the 1.7 million-square-foot, 58-story building is set to begin in May. Workers poured 4,200 cubic yards of concrete into the foundation back in February, making it the largest single continuous pour in New York city history. Banker Steel will be using steel fabricated at plants from South Plainfield, N.J. and Lynchburg, Va. Steel erection is scheduled to begin in July 2017.

One Vanderbilt construction progress

Designed by Kohn Pedersen Fox Associates, One Vanderbilt will encompass an entire city block, bounded by Madison and Vanderbilt avenues to the west and east, and East 43rd and East 42nd streets to the north and south. Expected to achieve LEED Gold certification, the trophy tower will feature floor-to-ceiling slab heights ranging from 14 to 20 feet, column-free floorplates, and 360-degree views through floor-to-ceiling windows. It will also boast modern office amenities including a 30,000-square-foot tenant-only amenity floor as well as an outdoor terrace.

In partnership with Chef Daniel Boulud, One Vanderbilt will also offer a world-class 11,000 square-foot restaurant as well as private dining opportunities for tenants of the building. Construction is expected to be complete in 2020.

“This series of milestones represents the most tangible sign yet that a new era in Midtown East is close at hand,” said Marc Holliday, CEO of SL Green, in prepared remarks. “Not only will Manhattan’s skyline soon be getting a spectacular new addition utilizing 100 percent union labor, but the experience of going to work in Midtown East will improve dramatically. Along with our joint venture partners—the National Pension Service of Korea and Hines—we’re very much looking forward to beginning the next phase of this progress that will shape New York’s future.”